#AUDCAD - H1
📣 Upon analyzing the 1-hour timeframe, with the breakout of the descending trendline around 0.8823, there is a positive outlook for price growth towards the range of 0.8880.
â›” Stop loss: 0.8780.
On the other hand, if the 0.8785 level is broken, there is an expectation of price decline towards the range of 0.8720.
â›” Stop loss: 0.8823.
📣 Upon analyzing the 1-hour timeframe, with the breakout of the descending trendline around 0.8823, there is a positive outlook for price growth towards the range of 0.8880.
â›” Stop loss: 0.8780.
On the other hand, if the 0.8785 level is broken, there is an expectation of price decline towards the range of 0.8720.
â›” Stop loss: 0.8823.
Trade closed: target reached
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.